Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy

Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy, with BTC price slipping below its June lows again.

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Bitcoin is now less volatile than S&P 500 and Nasdaq

A rare 2% daily loss for the U.S. dollar index gives Bitcoin and stocks an opportunity for gains, but BTC still undercuts the rest on volatility.

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Is Bitcoin price finally decoupling from US stocks?

Bitcoin (BTC/USD) remains lodged near $20,000, a price level it has traded at or around for most of the past several months. But is the cryptocurrency showing signs of finally decoupling from US stocks? HC Wainwright, a leading investment banking provider and equity research firm, notes that trading patterns suggest this could be the case.

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Bitcoin price prediction after Goldman Sach’s warming

Bitcoin price remained in a tight range on Monday even as American stocks pulled back. The BTC coin was trading at $20,700, which was slightly below last week’s high of near 21,090. It has risen by more than 14% from the lowest level in October.

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Market Wrap: Bitcoin Marches Past $20K as Investors Regain Their Appetite for Riskier Assets

BTC, ether and other major cryptos surge with stocks following upbeat earnings from a number of big brands. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Stocks notch best week since June as Bitcoin holds $19K

Bitcoin (BTC/USD) traded above $19,200 late afternoon on Friday, with bulls looking to hold onto gains after the latest flip from lows around $18,700. There were also marginal gains for most top 10 altcoins, with Ethereum adding 2% and Cardano up 3%.

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First Mover Americas: Bitcoin Stays Above $19K as US Stocks Futures Slip Ahead of Earnings Reports

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin Slips as Stocks Rise, Sparking Speculation Over Correlation

BTC’s 30-day correlation with stocks drops to the lowest since January. The U.S. Federal Reserve’s aggressive interest hikes are “likely priced in,” a researcher says.

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Bitcoin’s Price Wavers After The Release of New Inflation Data

Bitcoin’s price took a downward slide after the release of September’s inflation figures.   US stocks retake the hit as BTC continues trading in line with the Dow Jones. Bitcoin drags the rest of the market with it as macroeconomic conditions grow bleaker every month.

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Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains

BTC was holding around $19,300, even as traditional markets lost steam following the release of third-quarter company earnings reports.

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Crypto, stocks slammed after hot US inflation data

Cryptocurrencies prices fell on Thursday morning as the total crypto market cap tanked by more than 4% to around $919 billion. In the specific digital asset markets, Bitcoin (BTC/USD) dropped by more than 4% to trade at lows of $18,300.

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Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data

BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

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BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

Global rate hikes are putting downward pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks.

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First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022.

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Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground

BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery?

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Bitcoin reclaims $21K as US dollar corrects: What analysts are saying about BTC

Bitcoin has broken above the $21,000 mark in intraday trading Friday, putting up a bear market rally as a recently hot US dollar cools some of its momentum. The weakening dollar index has seen a bump in risk asset markets, with cryptocurrencies and stocks rising yet again ahead of the weekend.

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Gold, Stocks, & Bitcoin: Weekly Overview — September 2

This week’s price movements for Bitcoin (BTC), gold, and our stock pick, Nike.

The post Gold, Stocks, & Bitcoin: Weekly Overview — September 2 appeared first on BeInCrypto.

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Bitcoin erases latest gains with BTC price back below $20K as dollar spikes

Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs.

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Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Bitcoin and altcoins followed stocks lower after hawkish statements from the Federal Reserve confirmed that the central bank remains serious about reducing inflation.

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Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside

BTC and stocks sold-off after comments from the Federal Reserve re-emphasized the Fed’s commitment to lowering high inflation in the United States.

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Gold, Stocks, & Bitcoin: Weekly Overview — July 29

This week’s price movements for Bitcoin (BTC), gold, and our stock pick Coinbase.

The post Gold, Stocks, & Bitcoin: Weekly Overview — July 29 appeared first on BeInCrypto.

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Bitcoin may hit $120K in 2023, says trader as BTC price gains 25% in a week

Optimism is flowing around Bitcoin price potential, but warnings also point to intense correlation with stocks.

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SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline

Former White House Communication Director Anthony Scaramucci’s fund management firm SkyBridge Capital suspended withdrawals in one of its funds with exposure to crypto assets like Bitcoin (BTC) and Ethereum (ETH), Bloomberg News reported.

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Gold, Stocks, and Bitcoin: Weekly Overview — July 14

Be[In]Crypto analyzes this week’s price movements for Bitcoin (BTC), gold, and our wildcard pick—the Ark Invest Innovation ETF. The post Gold, Stocks, and Bitcoin: Weekly Overview — July 14 appeared first on BeInCrypto.

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How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price.

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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue

The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.

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Market Wrap: Bitcoin Suffers Its Worst Month Since 2011

BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns.

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Gold, Stocks, and Bitcoin: Weekly Overview – July 1

This week’s price movements for bitcoin (BTC), gold, and, our wildcard, the Grayscale Bitcoin Fund. The post Gold, Stocks, and Bitcoin: Weekly Overview – July 1 appeared first on BeInCrypto.

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Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%

BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns.

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Bitcoin and Ethereum Prices Dip to Yearly Lows as Tech Stocks Are Having Their Worst Year

After a sharp rebound last week, Bitcoin and Ethereum again suffer significant bearish momentum as BTC and ETH prices dip to yearly lows at $19k and $1k, respectively. The bear market is in full effect for crypto and traditional markets.

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Bitcoin Holds Steady Above $21K Amid Stock Gains

BTC rebounds as stocks experience a similar rally.

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Gold, Stocks, and Bitcoin: Weekly Overview — June 16

This week’s price movements for Bitcoin (BTC) and gold - and our stock pick is Bank of America. The post Gold, Stocks, and Bitcoin: Weekly Overview — June 16 appeared first on BeInCrypto.

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BTC price rejects at $23K as US dollar declines from fresh 20-year highs

The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.

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Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term.

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Bitcoin stocks correlation 'feels like' 100% as $30K BTC price frustrates

Bitcoin simply will not budge from its multi-week range, and morale is suffering as a result.

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Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price.

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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4.

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Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3%

Relief endures despite a U.S. trading holiday, but worries over waning momentum in stocks mean the short-term outlook remains gloomy.

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Price analysis 5/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and most major altcoins have not tracked the recovery seen in stocks, a possible indicator that further downside is possible.

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Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform

Bitcoin (BTC) was roughly flat over the past 24 hours, while altcoins such as ether (ETH) underperformed. That indicates a lower appetite for risk among crypto traders. Meanwhile, stocks traded higher on Thursday.

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Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive

BTC price action remains at the mercy of equities performance at the Wall Street open.

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20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows.

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Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform

Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC).

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Gold, Stocks, and Bitcoin: Weekly Overview — May 19

Be[In]Crypto brings you this week's price movements for gold, stocks, and Bitcoin (BTC) - our stock pick this week is Coinbase. The post Gold, Stocks, and Bitcoin: Weekly Overview — May 19 appeared first on BeInCrypto.

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Bitcoin Returns Above $30K, Resistance at $35K

Bitcoin (BTC) is trading in a choppy range, although upside appears to be limited as the downtrend stabilizes. Countertrend signals could point to a relief rally in BTC and stocks, although it is too early to confirm.

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Bitcoin, Ethereum Reach Extremely High Correlation with Stocks, What This Means for Price

Bitcoin (BTC) and Ethereum (ETH) continue to maintain an extremely high correlation with stock markets

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Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

Tesla’s removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000.

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Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Bitcoin (BTC)dipped below $30K again as volatility ticked higher. Meanwhile, option traders continue to hedge against further price declines.

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